Poland's Crypto-Asset Regulatory Framework Delayed by Veto of Market Act

Poland's regulatory framework for crypto assets has been delayed due to the veto of the Crypto-Assets Market Act twice by the Polish President. The act, which is necessary for the launch of CASP applications, has not yet come into force.

Despite this delay, existing Virtual Asset Service Providers (VASPs) registered under the old AML regime can continue operating until July 1, 2026, after which only fully authorized Crypto-Asset Service Providers (CASP) may legally provide crypto services in Poland. This deadline marks a significant change for the industry, as only authorized CASPs will be able to operate in the country.

A MiCA CASP license from Poland offers a cost-effective route to EU-wide passporting across 27 member states. The license requires compliance with standardized MiCA requirements and limited national add-ons. The capital requirement scales directly with the complexity and risk of the crypto-asset services offered, ranging from €50,000 for simple services to €150,000 for more complex ones.

Global founders can choose Poland as a jurisdiction for obtaining a MiCA CASP license due to its competitive capital requirements, strong tech and talent ecosystem, balanced regulation, strategic location, and full EU passporting. However, the current legislative delay means preparation is essential to ensure timely application and authorization.